Homeowners in India can leverage tax benefits on home loans, primarily under the old tax regime, to reduce their financial burden. Deductions are available for principal repayment (Section 80C) and interest paid on self-occupied or let-out properties (Section 24(b)), with additional provisions for first-time and affordable housing buyers.
Homeowners in India can leverage tax benefits on home loans, primarily under the old tax regime, to reduce their financial burden. Deductions are available for principal repayment (Section 80C) and interest paid on self-occupied or let-out properties (Section 24(b)), with additional provisions for first-time and affordable housing buyers.
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